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One year after being bought for $44 billion, X is worth $19 billion
(arstechnica.com)
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this post was submitted on 31 Oct 2023
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Technology
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Cool. So no one is asking why Elon is going out of his way publicizing the fact his new company shed over half its value?? This is a guy whose ego is fragile he can’t even be told no without throwing a world class temper tantrum.
And he’s going around making up these stories? 🤔
I think he's doing it, because he has no other option. This valuation is based on the equity he offered to the employees. And I don't think he would risk lying about it, since his relations with the SEC are already sour.